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Tax filing question... Economic Stimulus...?


I suspect some inaccuracies in my tax return. Should I submit my return and then amend it once the bugs are worked out?

Or

Should I file for an extension and file when it when everything is perfect?

Do either courses of action jeopardize the Economic Stimulus program?

Thank you.

Don't file a return with errors. That will delay everything for the longest time. If necessary, file for an extension today. Unfortunately, you can't file for an extension online. It's a paper form that must be mailed in.

Here's the direct link to Form 4868. Print it out, fill it out, and mail it in.

Make sure you pay any taxes due since the extension only gives you additional time to file, not additional time to pay:

http://www.irs.gov/pub/irs-pdf/f4868.pdf


Yes, filing late or filing with errors will delay your rebate, but filing with errors will be worse.

If you owe taxes, definitely file now and avoid a penalty. Make sure you cover enough to account for your inaccuracies. Then I'd file the amended return after you get your rebate.

I don't really know if the timing of your submission affects when you get the stimulus rebate, just that filing triggers it.

Amend after Economic Stimulus is received. The government can't handle all this at one time.

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